HD voice or wideband audio is a vital area for the IP communications industry. This technological segment is currently garnering a lot of attention from major telecom players. This technology has the potential to bring in huge improvements to enterprise VoIP platforms such as conference servers, call center servers, and unified communications. High-Definition (HD) Voice promises to bring improved call clarity and better user experience to voice communications.

As VoIP has evolved to be more established right through business and personal communications, it has now become imperative to understand the full potential of this technology and how it can significantly improve the day-to-day communication related experiences. The adoption of new communications technology, especially IP has thereby, created an opportunity to take the power of voice communications to the next level and contributing to the growth of the global HD voice market. Thus, by far, the emphasis has been on high quality VoIP applications and High-Definition (HD) Voice.

The HD voice market is fast gaining traction which is evident from the acquisitions of RedBee Media by Ericsson, DIRECTV by AT&T, and GTS Central Europe by Deutsche Telekom. Key players such as Ericsson, Orange, Avaya, Cisco Systems, Verizon Communications, Polycom, AT&T, Alcatel-Lucent, Deutsche Telekom, and Broadcom Corporation that offer HD voice services to the end consumers. There are many smaller players such as Dialogic, XConnect, CSpire, and Interoute that offer high-quality HD voice services at a relatively low cost.

This HD voice market report analyzes global adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in the HD Voice. The report also examines growth potential market sizes and revenue forecasts across different regions as well as user segment.

The report forecasts the HD voice market size and trends in the following sub-markets:

High-Definition (HD) Voice has been slowly sprawling, matching the gradual pace of business telephone system adoption of VoIP technology. However, a new anticipation has entered the mobile industry with the introduction of HD voice, also referred to as wideband audio. Even though enterprises have progressively been moving to HD VoIP within their individual networks, rigid budgets and PSTN connections, which operate narrowband audio codecs have minimized extensive acceptance.

With the prologue of mobile High-Definition (HD) Voice, consumers can finally experience this new technology directly, and the adoption of this technology in the HD voice market is expected to progress quickly. This is largely because mobile users tend to adopt new technology rapidly by replacing their mobile devices on a regular basis. Therefore, the demand for HD voice is projected to increase with the accessibility of mobile networks.

High-Definition (HD) Voice has made a vast impact on both enterprise users as well as consumers by incorporating IP-based communication services, in order to take advantage of the possible cost savings, and flexibility associated with this service. Several telecom operators consider that voice communication is and will continuously prolong to be the most valuable part of the communications ecological unit.

Moreover, the expansion of global businesses has augmented the significance of accurate voice-based communication among the end users. This is principally because many firms have global operations that they require to grow in their revenues and profit margins, and hence these firms tend to subcontract critical functions such as call centers to workers in overseas countries. This in turn helps to evaluate the benefits of implementing high definition voice services which also drive the global HD voice market.

The only reason why wideband audio or HD voice has taken so long to propagate, cliché being that for any communications service to be absolutely successful it should be well-matched with other devices and network systems. In the case of HD voice, it is the transcoding issue which requires end points to be linked together using divergent wideband codecs. However, by choosing a platform which supports multiple codecs, the benefits of wideband audio calls, can be therein, extended to the widest possible audience. Also, the platform should be competent to sustain integration with the heritage TDM infrastructure, which can further affix a key functionality with the market evolution allowing it to migrate lucratively to the wideband audio.

MarketsandMarkets expects the total HD Voice market to grow from $815.5 million in 2014 to $2,296.6 million by 2019 at a Compound Annual Growth Rate (CAGR) of23.0% during the forecast period.

The overall size of the HD voice is the summation of the market size of HD voice applications.

Global HD Voice Market Size, 2014 - 2019 ($Million)

Source: MarketsandMarkets Analysis

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